with all due respect, i don't buy it. many traders can't stand to admit that THEY can't trade well, so it's the market makers fault, the brokers...
""1) I knew that it would take me a very long time and a lot of energy before I was able to beat the experience of the Pros."" most of the...
"The House always makes out best. No risk and all rake. There are some professionals who make money (they have the Edge), and almost all novices...
some points 1) just because one is a good (ie successful trader) does NOT mean one is a good, or will be a good mentor. by mentor, i mean a...
"Do me a favor pull up a 1 and 5 minute chart using 20, 50, 200 day moving averages and tell me there is no money to be made using them. Use es h8...
it's only "effective" depending on what you need. it will make zero difference in a time chart of the dow. otoh, if i need data on relative...
"I don't think so. From what I understand, he traded mini-futures at the minimum trying to do what has been suggested. However, it is a simple...
IB does not have true tick data. IB aggregates their tick data. this has been endlessly discussed and verified. i use several brokers. i use...
trading is a business. the vast majority of businesses in ANY industry fail trading is no different. the primary difference between trading...
the only thing that makes market profile "exotic" is that few people use it it's a robust method, and it's not based on lagging indicators.
having a plan for how much to make each day, is not part of a good business plan. it's frankly stupid. you will make what the market gives...
generally speaking... beginners should use MAXIMUM of 10k per contract and a MAXIMUM of 2 contracts. i strongly strongly recommend no more...
there are few more common reasons for trader failure than overleveraging. since futures allow much more leverage, they are (all other factors...
"And the YM doesn't always lead the ES. They alternate depending." actually, i would argue the ES more often leads the YM than the other way...
"this market is a waste of time to trade intraday, it's been like this for months now I wasted my time this week making a tiny trade in SPY to...
sigh... the YM is price weighted. the ES is cap weighted. so, saying "well the ES is made up of 500 stocks" ignores the obvious. cap...
"I gotta agree with you. These huge ranges are just way too much to handle by my standard strategies. I lost 7k this week which is by far one of...
the more people bash tim, the more desperate they look (and i won't even get into the projection aspect). tim's record is (was) stellar....
i take profits out every week on the account i use for income (futures intraday) i don't ever take out profits from my other accounts, although...
index futures TEND to be (although recently volatility and "trendiness" has spiked) means reversion instruments this partly has to do with...
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